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Colliers Calls for Both Highs and Lows in 2013

NEW YORK CITY-The company's fourth quarter briefing showed a wide range of results in 2012, and cited reasons to expect more of the same this year.

By Rayna Katz | Updated on January 14, 2013

NEW YORK CITY-As the city continues to emerge from the recession, and the effects of superstorm Sandy, the commercial real estate picture is likely to be a mixed bag in 2013—much as it was last year—according to the fourth quarter report from Colliers International, which was discussed Monday during a press briefing.

The final months of 2012 saw indicators of impressive strength come from pockets of the city, while others saw only small growth or even declines and some office space sectors traded places in terms of their ranking when it comes to their performance levels.

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